Abstract
This thesis hypothesizes that the inclusion of multivitamins as an independent variable within the Grossman Model will decreases the amount of inputs required to achieve the same level of health capital when no multivitamins are used. Theories developed around the Grossman Model and the tendencies of vitamins are used to explain why multivitamin supplements should be an independent factor in regards to individuals’ health. To empirically test the hypothesis, a regression model is estimated using data from the National Health and Nutrition Examination Survey. The model shows how the health factors included in the Grossman Model and multivitamin use affect an individuals’ health status. The results obtained from estimating the regression model support the hypothesis presented in this thesis, providing policy implications for individuals investing in their health
Advisor
Burnell, Barbara
Second Advisor
Charalambos, Michael
Department
Business Economics
Recommended Citation
Ferris, Michael A., "To Consume or Not To Consume: A Study on Multivitamin Supplements" (2016). Senior Independent Study Theses. Paper 7054.
https://openworks.wooster.edu/independentstudy/7054
Disciplines
Medicine and Health Sciences
Keywords
Grossman multivitamins supplements health
Publication Date
2016
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
© Copyright 2016 Michael A. Ferris